Mc Donald’s target market is every segment of the demography! The segments of the demography are; family life-cycles‚gender‚ age‚Nationality‚ Income‚Generation‚Race etc. Like u stated‚ Marketing Mix are the 4p’s: Product‚ Price‚Place‚Promotion 1.Mc Donald Product :value-priced ‚ fast-serviced meal 2.Mc Donald Price: my guess is Value-pricing (offering just the right combination of quality and good service at a a fair price) 3. Place: Strategic location of most Mc Donald fast-food outlet
Premium Fast food Hamburger Target market
What is meant by “target market”? The focus of marketing effort is people. The goal is to reach a subset of the population who may be interested in your particular product. That group of people is your target market. The term target market is used because that market is the target at which you aim all your marketing efforts. The markets you are trying to reach are people with common characteristics that set them apart as a group. The more you know about a target market‚ the more precisely you
Premium Video game console Xbox 360
Angel Alicea Mrs. Lee Ann Spillane English I Honor 15 February 2013 Kobe: Japanese Steakhouse and Sushi Bar Have you ever been to a Japanese Steak House? If not‚ you should visit Kobe’s. Kobe’s is a Japanese Steak House located on International Drive in Orlando. Now‚ I will give my review of Kobe’s. Walking into Kobe’s gives you an amazing vibe. It makes me feel like I just walked into Japan. The first thing that caught my eye was the koi pond. The koi fish are brightly colored
Premium Goldfish Types of restaurants Restaurant
to bring itself back to the top of the ratings by certain marketing ploys. Second‚ MTV educates and familiarizes today’s teenage culture with the changing society. Thirdly‚ MTV devotes all of its programming to serve the interest of the public demographic. There are many reasons why MTV is aiming to capture the teenage audience. First‚ today’s teenage culture bases their agendas around the mass media. It is very common for teenagers to arrange their plans around certain shows‚ so they do not miss
Premium Adolescence Advertising Young adult
Target of McDonald’s: In the beginning McDonalld’s was considered as a Family restaurant. Then they started positioning according to the kids as well by introducing new advertising of toys with their products such as “Happy Meal”. In the start they made certain special efforts to not allow it to convert into a teenage and adults (20 to 24 years of age) hangout place. Now youngster and adults has became so use to fast foods that McDonalds should also target them and try to position McDonalds as a
Premium Food
INTRODUCTION Demography is the scientific study of characteristics and dynamics pertaining to the human population. It is expanded to include education‚ income‚ the structure of the family unit‚ housing‚ race or ethnicity‚ and religion. The characteristics encompassed by this study include size‚ growth rate‚ density‚ vital statistics‚ and distribution of a specified population. People who study and record this information are referred to as demographers. Demographers must know both how to scientifically
Premium Demography Population Demographics
strategy being proposed by Hugh Connerty? Does the strategy outlined by Connerty make sense? 2- If Outback is to expand internationally‚ advise Chris Sullivan on: a) The optimal rate of international expansion b) The best mode of entry into foreign markets c) Which country(ies) to enter first d) How to adopt the best international approach in order to give response to globalization and national differentiation drivers (e.g. which activities you would standardize‚ which ones you would adapt nationally
Premium Thought Marketing Franchising
DemographicSegmentation The word demographic can be related to the structure of populations or a particular sector of a population. Most of the marketers nowadays believed that the demographic segmentation bases are the most popular and practical segmentation bases. Kotler(1984‚ p. 255) states that “demographic variables are the most popular bases for distinguishing customer groups”‚ possibly because the ease with which this kind of data can be collected. Demographic segmentation divided the market into groups of
Premium Social class Middle class Working class
TARGET MARKETS Market Analysis Target Market - Your target customers are those who are most likely to buy from you. Target Marketing can– Help in Clearer understanding of markets needs‚ wants and desires More specific and effective use of marketing resources (e.g. budget‚ time expertise) More strategic approach Maximize profit. Importance Steps of Market Analysis: Market Segmentation Market Size Market Dynamics Competitors Historical Background Emerging Trends Market
Premium Marketing Supply and demand Target market
Target market In order to reach our service to the right customer‚ we have chosen Demographic as our target market segment such as age‚ income and occupation. By using this segmentation‚ it could easily help us to find the logical way to classify consumers. According to the result shown in Figure 1 that has been attached in appendices‚ most of the internet user’s age in Malaysia is between 15 and 44. In Figure 1‚ we can see that the majority internet users 38% are from age 15 to 24‚ second rank
Premium Internet Broadband Internet access Target market